The regulator in January came out with guidelines for entities operating as investment advisers in IFSC and said that any recognised entity desirous of operating in IFSC as an IA, may form a company or LLP (limited liability partnership) to provide investment advisory services. … [Read more...] about SEBI asks investment advisers operating in IFSC to have $700,000 net worth
Investments in startups
While festival offers drove Flipkart and Amazon installations during the period, Club Factory’s rapid growth among `Challengers’ is attributed to focusing on affordable range of products as well as charging zero commission from the sellers. Club Factory has also managed to reduce delivery time by as much as 30 percent with average positive product rating going up by 40 percent in 2019.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about Club Factory Emerges Top Challenger to Amazon, Flipkart: TechArc Report
But no stimulus, whether monetary or fiscal, can work as long as entire cities are shut down when supply chains are disrupted, when ships aren’t allowed to enter ports and when airlines cancel flights. The stimulus can’t work if workers don’t turn up and factories and shops remain shut or are only partially open or if the supply of raw materials and the movement of finished goods is disrupted. You cannot address a supply-side shock by trying to stimulate demand. The stimulus will do nothing for the economy as long as the epidemic keeps spreading and governments impose restrictions and quarantines to try and prevent it going viral (an appalling pun, I agree). Moreover, a stimulus is already happening, as commodity prices have fallen and bond yields have come down. … [Read more...] about Moneycontrol Pro Weekender: Time to pay the bill?
For example, real growth in gross value added for 2017-18 was 6.1 percent in the first advance estimate -- it’s now estimated to be 6.5 percent. Agriculture was initially supposed to grow by 2.4 percent -- it’s now estimated to have grown by 3.4 percent. The first advance estimates put manufacturing growth in 2017-18 at 4.6 percent -- it’s now estimated to have been 5.7 percent. Estimates of growth in the construction sector rose to 5.7 percent from 3.6 percent. … [Read more...] about Opinion | Take the first advance GDP growth estimates with a pinch of salt
But while they may recognise the need for a stimulus, China’s very high levels of corporate debt make a balancing act necessary. That is why reports indicate only a modest increase in the budget deficit from 2.6 to 2.8 percent this year. There’s also the risk that any excess stimulus will only lead to higher property prices. China’s recent efforts at boosting lending have been targeted at specific sectors. … [Read more...] about Opinion | China faces two options: Domestic stimulus or trade truce with US